Gerdau (GGB) Tax Rate (2009 - 2026)
Gerdau (GGB) reported Tax Rate of 33.04% for Q1 2026, down 334.0% on a YoY basis from 14.12% in Q1 2025, and up 81.7% quarter-over-quarter from 180.54% in Q4 2025.
Gerdau (GGB) Tax Rate (2009 - 2026) Analysis & Trends
Gerdau has reported Tax Rate for 18 years, with the latest figure at 33.04% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 334.0% year-over-year to 33.04%; the trailing twelve-month figure through Mar 2026 stood at 31.82% (up 1543.0% YoY), and the FY2025 full-year result was 43.81%, up 2799.0% from the prior year.
- Tax Rate for Q1 2026 stood at 33.04%, up from 180.54% in the prior quarter.
- The five-year high for Tax Rate was 471.7% in Q4 2023, with the low at 180.54% in Q4 2025.
- Historically, Tax Rate has averaged 50.63% across 5 years, with a median of 23.14% in 2022.
- Annual changes were most pronounced in 2022 — Tax Rate surged 239040 bps — and 2025, when it plunged 64175 bps.
- Gerdau's Tax Rate stood at 402.13% in 2022, then advanced by 17 bps to 471.7% in 2023, then declined by 2 bps to 461.21% in 2024, then plunged by 139 bps to 180.54% in 2025, then surged by 82 bps to 33.04% in 2026.
- The last three Tax Rate figures came in at 33.04% (Q1 2026), 180.54% (Q4 2025), and 24.1% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | - |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 20.62% |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | -18.06% |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 22.04% |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 24.01% |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | 26.38% |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 24.48% |
| 10 | Gerdau | 21.17 Mn | -1.11 Bn | 435.85 Mn | -33.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -33.04% |
| Mar 31, 2026 | -33.04% |
| Dec 31, 2025 | -180.54% |
| Dec 31, 2025 | -180.54% |
| Sep 30, 2025 | -24.10% |
| Sep 30, 2025 | -24.10% |
| Jun 30, 2025 | -24.87% |
| Jun 30, 2025 | -24.87% |
| Mar 31, 2025 | -29.70% |
| Mar 31, 2025 | -29.70% |
| Dec 31, 2024 | 461.21% |
| Dec 31, 2024 | 461.21% |
| Sep 30, 2024 | -24.60% |
| Sep 30, 2024 | -24.60% |
| Jun 30, 2024 | -15.23% |
| Jun 30, 2024 | -15.23% |
| Mar 31, 2024 | -9.83% |
| Mar 31, 2024 | -9.83% |
| Dec 31, 2023 | 471.70% |
| Dec 31, 2023 | 471.70% |